
Musqueam and Feds make deal to share Vancouver airport lease revenue
VANCOUVER — The Musqueam Indian Band has signed an agreement with the federal government to share ground lease revenue from the Vancouver International Airport.
Minister of Crown-Indigenous Relations Gary Anandasangaree says the specifics of the agreement are being kept confidential but it’s the first revenue-sharing deal involving major federal government infrastructure.
Chief Wayne Sparrow says in a statement that the deal is an incremental measure that “will undoubtedly provide significant and real benefits to our community over the years to come.”
Vancouver International Airport, located on Musqueam traditional territory, operates under a long-term ground lease with the federal government that is paid by the Vancouver Airport Authority based on a portion of its revenue.